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AOSL > SEC Filings for AOSL > Form 8-K on 15-May-2013All Recent SEC Filings

Show all filings for ALPHA & OMEGA SEMICONDUCTOR LTD | Request a Trial to NEW EDGAR Online Pro



Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On May 9, 2013, the independent directors of the Board of Directors (the "Board") of Alpha and Omega Semiconductor Limited (the "Company") approved a special bonus in the aggregate amount of $200,000 for Mary L. Dotz, the Chief Financial Officer of the Company, payable as follows: $100,000 will be payable on August 9, 2013, provided she continues her employment as the Chief Financial Officer ("CFO") of the Company through such date. The remaining $100,000 will be payable in 3 equal monthly installments upon her completion of each month of employment as the CFO over the subsequent 3 month period from September 2013 to November 2013. The bonus will be subject to earlier payment upon a termination of Ms. Dotz's employment by the Company without cause prior to November 10, 2013.

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